The Fred Report - Weekly May 11, 2020

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Indicators suggest a good bit of selling occurred last week – New Lows increased, and the accumulation models on SPY and QQQ showed selling as well.  We are seeing more days (such as Friday!) where the equal weighted indexes outperform.  Our accumulation models suggest REITs are strong, and the models are stronger than the price charts of all three of these (XLRE, IYR, VNQ).

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